XRP Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target

The XRP price is showing renewed bullish momentum, with projections suggesting a potential rally to the 1.618 Fib at $21 this bull cycle. A recent technical analysis of XRP's long-term price chart is igniting significant buzz in the crypto community, as the altcoin appears to be forming a familiar pattern that previously led to exponential gains. The chart, published by a well-known crypto expert, Javon Marks, suggests that XRP could be on the brink of a powerful price breakout, with expectations pointing toward the $21 price level and beyond. Marks' analysis identifies two major symmetrical triangle formations in XRP's price history, one that preceded its explosive rally in 2017 and another that concluded with a fresh breakout in 2024. The historical price movement is now being used to forecast what could come next for the altcoin, with the next significant level of interest lying at the 1.618 Fibonacci Extension level, which aligns with the $21 price target. A surge to this double-digit territory would represent an over 800% increase from current levels around $2.23. Marks' optimistic projection does not stop there, as he predicts that the price is forecasted to reach the 2.272 Fibonacci level once again, this time sitting around $152. However, the analyst's bullish XRP price forecast was met with skepticism, with the majority of crypto community members expressing doubts about the overly ambitious targets. Critics argue that reaching the triple-digit territory is virtually impossible for XRP currently, with some suggesting a more realistic target for the altcoin was between $13 and $20. The feasibility of hitting these bullish targets within the proposed timeline is also being debated, with some questioning whether it could happen by the end of 2025 or even Q1 2026.